How Much Does a 5-Minute Video Cost?
Despite being relatively short in length, 5-minute videos are informative. They are packed full of information regarding your brand, business, and message. They provide future customers with information required in the decision-making process, so it’s crucial that they’re built by a seasoned, efficient film crew. Keep in mind that there are many things that affect the cost of video production. First, what kind of video are you looking to build? Are you interested in a product video that you can display at the top of your brand website?
Explainer and whiteboard video cost
What about an explainer/whiteboard video that show your customers what your brand mission is? Different types of videos will require different equipment and team members, which will affect the price of your project. Additionally, things like location, talent, animation, and effects all contribute to your total project cost. A simple 5-minute instructional video will cost significantly less than a complex, 5-minute product video.
Cost of Video Production per Minute
It’s virtually impossible to answer questions like “How much does a 5-minute video cost?” when each, individual project is different. Video production is entirely tailored to your project’s needs. At Beverly Boy Productions, we work alongside our clients closely to ensure that every part of your project is top-quality. The cost of video production per minute depends on the services required to make your video happen.
3 Steps to video production
There are three main steps to creating your 5-minute video:
In the pre-production phase, things like script-writing and location scouting will play an important part in creating a quality 5-minute video – it’s just as important as the production itself! Addressing graphics, animations, and other editing will also contribute to the price of your video. Ultimately, the cost of video production per minute depends on what you want to see on the screen during those 5 minutes. Getting an aerial view of your business with a drone will cost more than filming it from across the street!
Video Production Pricing
Before delving into video production pricing, it’s important to consider all of the services involved when creating a top-notch 5-minute video. If you’re building a product video that requires presenters, special audio files, and a significant amount of editing, the total cost will be higher than a “how-to” video with no script, voice-over talent, and little editing. They’re both 5-minutes long, but they have considerably different prices due to the services necessary to create them. To get a better idea of what you’re paying for when building your 5-minute video, take a closer look at these video production rates.
5-minute Video Pricing Sheet:
- Video Director: $25/hour to $250/hour
- Script Writer/Marketer: $60/hour to $150/hour
- Video Editor: $60/hour to $175/hour
- Cameramen: $25/hour to $400/hour
- Actors/Presenters: $50/hour to $500/hour
- Equipment: $25/hour to $100’s/hour
- Studio Shooting: $100/hour to $400/hour
- Narrators/Voiceovers: $100 to $400
- Audio Files: $30 to $1,000
- Video Rendering: $30/hour to $75/hour
- B-Roll: 10% to 50% addition to shooting costs
- ‘Miscellaneous Fees’: $100 to $1000’s
5-Minute Video Cost
Depending on the type of video, pricing generally range anywhere from $1,500 to $10,000 per finished minute. It’s better to refer to averages when creating your budget, so a safe estimate for 5-minute videos would be $3,000 per finished minute. Overall, it depends on what you want to see on that screen. A quality 5-minute video can be used to leave a lasting impression on your future customers. We’re proud to use our 15+ years of experience, top-quality gear, and enthusiastic crew members to build effective 5-minute videos. Let us do the hard work for you. Give us a call today to see how we can create the short corporate video production your brand deserves.